28 MLPs/companies have announced 3rd quarter distributions/dividends, 19 (68%) have announced increases with a median increase of 3.1% quarter over quarter and 9 (32%) have announced flat distributions versus the second quarter.

Adjusted MMP for its 2 for 1 unit-split on October 16.

Added Seadrill Partners, LLC (“SDLP”) to the Marine MLP segment after its successful IPO at $22 on October 18.

Adjusted CPNO for a 6 million unit equity offering at $32.13 on October 18.

Adjusted MCEP for a 4 million unit equity offering at $21.20 on October 16, 3 million units were secondary units being sold by Yorktown, so MCEP only increased outstanding units by 1 million and will only receive proceeds from the 1 million of new units. The Greenshoe (15% of the deal size or 600,000 over-allotment units) would also be filled by Yorktown selling additional units (so no proceeds to MCEP and no increase in outstanding units).

The MLP Protocol Monthly Analytics Report for October is now available.

MLP Protocol Weekly Snapshot report: MLPP 101912 Snapshot vFree <<<UPDATE AS OF 10/23 I lowered my estimate last night for PDH’s 3Q distribution to $0.30 from $0.40 in the numbers shown in the Snapshot Report. I exited all $PDH related positions this morning. Under Murphy’s Law I may be overly concerned and overly conservative on my downward revision but we shall see when they report their quarter and their planned distribution tomorrow night. UPDATE AS OF 10/24PDH announced a distribution of $0.21 for the third quarter so lower than my lowered estimate. I will be interested to see how it trades going forwards.